Currency in France – Euro EUR
A practical foreign exchange and currency guide to France
What's in this France currency guide:
What currency is used in France?
The official currency of France is the euro, with symbol € and currency code EUR.
Things to know about the euro
The euro (ISO: EUR) is involved in slightly more than 30% of all foreign exchange deals, and as such, is the world’s second most traded currency, behind the US dollar.
The euro is the currency of the eurozone (officially called the ‘euro area’), which consists of 19 of the 28 member states of the European Union, and is used by almost 350 million Europeans. It was introduced in January 1999.
Of all the thousands of exchange rates that exist in the world, the euro-to-US dollar exchange rate is the most actively traded, or most ‘liquid’.
Since its introduction, the euro’s lowest value against the dollar came in October 2000 when EUR/USD hit lows of 0.8231. The currency was strongest in July 2008, shortly before the worst stage of the 2007-2009 financial crisis, when EUR/USD reached 1.6038.
There are currently more than twenty nations and territories which peg their currencies to the euro, the largest of which is Denmark.
What the euro looks like?
Euro – Markets & Rates
Major banks are forecasting the eurozone common currency to fall to $0.95 by the end of the year.
This multi-year low for the euro vs the US dollar looks only to worsen as winter approaches; the short term news for the single currency is all negative.
| Date | EUR/USD | Change | Period |
|---|---|---|---|
16 Sep 2022 | 1.0016 | 2.1% ▼ | 2 Week |
02 Jul 2022 | 1.0429 | 6% ▼ | 3 Month |
30 Sep 2021 | 1.1575 | 15.3% ▼ | 1 Year |
01 Oct 2017 | 1.1809 | 17% ▼ | 5 Year |
02 Oct 2012 | 1.2929 | 24.2% ▼ | 10 Year |
05 Oct 2002 | 0.9831 | 0.3% ▼ | 20 Year |
Compare Euro Exchange Rates & Fees
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Euro.
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Travelling to France
France is beautiful, has great food, delicious wine, deep history, and a carefree atmosphere. There’s nothing like a picnic along the Seine or a day through the French countryside to make life seem beautiful. France is everything that people make it out to be and then some. France can be expensive to travel in, and eating out is not cheap. Buying your own food in France can be very cheap however. There are many bread, cheese, and meat shops around. There are outdoor markets that are cheap, and fun, to visit. It’s common to pick up some ingredients and have a picnic.
The best way to get around France is via the trains. Overnight trains cost the least, while the fast TGV lines (high-speed train) cost the most, about 90 EUR. Local transit systems are reliable and cost between 1-3 EUR per trip. Transportation to and from airport into city centers is generally affordable and user friendly. Expect about 12 EURO to get into Paris from Charles de Gaulle. However, there are several ways to get into the city, the last choice we would advise is on the RER train. The RER is great for Parisians who know their way around or experienced repeat travelers, but not at all great for arriving tourists from overnight flights. Tired and disoriented tourists are easy targets for baggage theft and pickpockets on that line. If you take it, always keep an eye on luggage at every stop all the way into the city.Taxis will be tough on the budget, so avoid when you can.
The French Alps offer some of the best ski slopes in Europe. If you’re in Europe in the winter months and at a loss for what to do, consider getting a group together and renting a ski chalet, or staying at one of the slope-side hotels or hostels.
France has some of the best Roman ruins outside of Italy. Orange, Nimes and Arles all have beautiful Roman theaters, and Nimes also contains a well-preserved temple.
The Euro is also the domestic currency in 32 other countries.
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